SunHydrogen reports $52M cash; to pursue M&A in hydrogen tech

SUNHYDROGEN, INC.

Cash and equivalents of $52M as of June 30, 2022, funding development and investments.
Targeting production-quality prototype of nanoparticle green hydrogen tech by end of 2022.
Will begin pursuing strategic investments and acquisitions in complementary hydrogen technologies.
COO Woosuk Kim (former SK Innovation M&A head) to lead investment strategy; executed $4B+ in deals.
Full annual report expected September 2022.

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